Strategic
Marketing Questions
by Dera DeRoche-Jolet
Before you start to plan your marketing campaign, you should answer some
very important strategic marketing questions. By answering these questions,
you’ll have the basis and direction for the campaign as a whole
and will be able to create more effective brochures, ads, sales letters
and even the company web site.
The answers you come up with will reveal how you can
get your prospect's attention and encourage them to respond in a certain
way.
Who do you want to reach?
Your target audience will have a bearing on how you set the tone for your
marketing strategy. Obviously if you are targeting young married couples
with children, your marketing materials will be different than those you
would use in a campaign targeting senior citizens. The same goes for income
levels or whether you want to reach residential or commercial prospects.
Be very specific and detailed when you describe the characteristics
of your ideal prospect. Once you clearly define your ideal prospect you
can develop a unique message that will appeal directly to their interests.
Prospects are always more likely to respond when they feel you are talking
directly to them and addressing their individual needs.
What action do you want to generate?
While the ultimate result you want to achieve might be to increase sales,
a marketing campaign might have other short-term goals. For instance,
do you want to get inquiries for a certain product (like a carbon monoxide
detector) or a new service (such as GPS)? Do you want to set up visits
for a security survey, get referrals or develop a list of qualified prospects
that you can send future materials to?
Decide in advance what you want prospects to do. It’s always easier
to develop an effective promotional campaign when you have a clear understanding
of the reaction you are trying to produce.
What is your competitive advantage?
What does your alarm business have that others don’t? What benefits
do you offer that others don’t? Why should prospects do business
with you instead of with one of your competitors? Do you provide faster
results, more personal attention, better support or a longer guarantee?
Is price a factor?
If you’re not sure, then add in something to your
business you are not already doing. Once you have that competitive advantage,
don't let it slip away. Keep checking on what your competition is doing
and make any changes necessary to your business to keep ahead of the pack.
How will you get prospects to believe you?
Don't expect prospects to simply believe what you say. You can add credibility
to your company by using testimonials from satisfied customers, providing
research data supporting your claims or getting endorsements from high
profile customers in your community.
How will you get prospects to respond right away?
Most prospects won’t respond the first time they see one of your
pieces. Instead, they put off responding – and then forget about
you.
Repetition helps but you can attract many prospects to respond by giving
them a convincing reason – even better if it’s immediate.
For example, give them a special price if they order now, an additional
month of free monitoring or even a gift.
The above questions are very similar to those a journalist asks –
who, what, when, where and how. With the answers, a journalist can write
his story. Once you have your own answers, you’ll be writing your
own business story – with some very happy endings. |